BHE Canada
BHE Canada, a Calgary-based wholly owned subsidiary of Berkshire Hathaway Energy, develops and operates wind, natural gas, transmission, and energy storage infrastructure in Alberta, serving corporate PPA customers and wholesale electricity markets across Alberta and the Pacific Northwest.
- Company typePrivate
- Founded2015
- HeadquartersCalgary, Canada
- Headcount51–100
- GTM typeB2B
- OfferingServices
What BHE Canada does
BHE Canada is a Calgary-based energy infrastructure developer and operator, wholly owned by Berkshire Hathaway Energy, that owns, develops, and operates generation, transmission, and storage assets across Canada. Its operating portfolio consists of three core assets: the 130 MW Rattlesnake Ridge Wind Farm (26 Siemens Gamesa 5.0 MW turbines, fully commissioned June 2022), the 300 MW Montana Alberta Tie Line (MATL) — a 345 km, 230 kV bi-directional cross-border transmission line connecting Great Falls, Montana to Lethbridge, Alberta — and the 20 MW Ralston natural gas-fired reciprocating engine facility northwest of Medicine Hat, Alberta. The company positions itself as a privately financed, no-subsidy infrastructure operator, with stated ambitions to add solar and energy storage to its portfolio.
BHE Canada firmographics
Firmographics- Name
- BHE Canada
- Legal name
- BHE Canada
- Website
- https://bhe-canada.ca
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- BHE Canada, a Calgary-based wholly owned subsidiary of Berkshire Hathaway Energy, develops and operates wind, natural gas, transmission, and energy storage infrastructure in Alberta, serving corporate PPA customers and wholesale electricity markets across Alberta and the Pacific Northwest.
- Ownership category
- akta.pro rank
BHE Canada industry classification
Industry- Product category
- Power Generation and Transmission Services
- NAICS
- Wind Electric Power Generation (221115), Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112)
- akta.pro primary industry
- HV Transmission Asset Owners (Transmission Companies/Transcos) (EUADAAAC)
- akta.pro secondary industries
- C&I Renewable Supply & Green Tariffs (Bundled RE, Sleeves, Utility Green Tariffs) (EUAGACAE), Wind Grid Interconnection & Power Systems (Transformers, Reactive Power, SCADA) (EUAMACAK), Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI)
Keywords
Where BHE Canada is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
BHE Canada business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D
Revenue model
- Power Purchase Agreements: Long-term contracts with corporate customers (RBC, Bullfrog Power, Shopify, and others) for renewable energy output from wind farms. Customers receive environmental attributes to meet sustainability targets and offset carbon production.
- Transmission Capacity Sales: Sale of transmission capacity on the MATL line to customers. MATL LLP conducts open solicitation processes for existing southbound capacity in 20MW increments, with terms of 1-5 years commencing January 2025.
- Wholesale Electricity Trading: AlbertaEx imports and exports electricity between Alberta and Montana, conducting wholesale physical electricity transactions. Revenue generated from price differentials and capacity optimization across markets.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
BHE Canada product offering
Product offeringCore offering
BHE Canada develops, owns, and operates energy infrastructure assets in Western Canada, including the 130 MW Rattlesnake Ridge Wind Farm in southeast Alberta, the 300 MW Montana Alberta Tie Line (MATL) cross-border transmission line, and the 20 MW Ralston natural gas generating facility. Through its AlbertaEx affiliate, the company conducts wholesale physical electricity trading between Alberta and Montana under standardized power contracts. The portfolio spans wind, solar, natural gas, transmission, and energy storage services.
Product overview
BHE Canada is an energy infrastructure company offering a portfolio of power generation and transmission assets. Core products include three operating assets: the 130 MW Rattlesnake Ridge Wind Farm (wind generation), the Montana Alberta Tie Line (MATL) transmission line (300 MW capacity), and the Ralston 20 MW natural gas facility. Additionally, AlbertaEx provides power marketing services for wholesale electricity transactions between Alberta and Montana. Services span wind, transmission, natural gas, solar, and energy storage.
Differentiator
Problem solved
Functional benefit
Brands
- AlbertaEx: Power marketing affiliate of BHE Canada based in Calgary, Alberta, with operations focused on wholesale physical electricity transactions in Alberta and across the Pacific Northwest.
Products and services
- Rattlesnake Ridge Wind Farm A 130 MW grid-scale wind generation facility located in southeast Alberta, expected to generate 475 GWh annually and power 78,000 homes. Long-term Power Purchase Agreements supply the renewable energy and environmental attributes to corporate customers including RBC, Bullfrog Power, and Shopify to meet sustainability targets.
- Montana Alberta Tie Line (MATL) A 230 kV, 345 km bi-directional merchant transmission line connecting the Montana and Alberta electrical grids with 300 MW capacity. MATL is a regulated International Power Line with Canadian Energy Regulator permits, operating at 97%+ availability. Capacity is sold via open solicitation in 20 MW increments with 1-5 year terms commencing January 2025.
- Ralston Generating Facility A 20 MW natural gas fired, reciprocating engine driven generating facility located northwest of Medicine Hat in southern Alberta, providing dispatchable generation to support grid reliability.
- AlbertaEx Power Marketing
Companies that use BHE Canada
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles2 records
BHE Canada technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
BHE Canada partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RES (Renewable Energy Systems)coreRES is providing development, construction, and asset management services for the Rattlesnake Ridge Wind Project. RES has extensive experience building large-scale renewable energy projects including the 150 MW Halkirk Wind project. RES delivered over 16 GW of renewable energy projects globally and supports an operational asset portfolio exceeding 5 GW worldwide.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
BHE Canada competitors and assessment
Company assessmentDirect peers
- Capital Power Corporation: Alberta-headquartered independent power producer operating natural gas and growing renewable generation across North America. Directly comparable as a Canadian IPP with Alberta generation footprint and merchant market exposure parallel to BHE Canada's AlbertaEx and Rattlesnake Ridge operations.
- Heartland Generation Ltd. Alberta-based power generator operating natural gas and wind facilities in the province. Comparable as an Alberta-concentrated IPP with both thermal and renewable generation selling into the same Alberta wholesale market.
- TransAlta Corporation: One of Canada's largest power generators with significant wind, natural gas, and hydro assets concentrated in Alberta. Directly comparable as a Canadian IPP with renewables, thermal generation, and merchant exposure in the same Alberta wholesale market where BHE Canada operates.
- Innergex Renewable Energy Inc. Canadian independent renewable energy producer with wind, solar, hydro, and storage assets. Directly comparable as a Canadian renewable IPP with corporate PPA experience and operations across multiple provinces, including Western Canada.
- Northland Power Inc. Canadian independent power producer with renewable (wind, solar) and natural gas generation across Canada and internationally. Directly comparable as a Canadian IPP with diversified generation portfolio and corporate PPA exposure.
- ATCO Ltd. Alberta-based diversified energy and infrastructure operator with electricity generation, transmission, and natural gas operations. Directly comparable as a multi-asset Alberta-headquartered energy infrastructure company with both conventional and renewable generation.
- Boralex Inc. Quebec-based renewable energy developer and operator with wind, solar, and storage assets across Canada, the U.S., and France. Directly comparable as a Canadian-headquartered renewable IPP pursuing corporate PPAs and subsidy-free project economics similar to BHE Canada's Rattlesnake Ridge model.
- Pattern Energy Group LP: North American renewable energy and transmission operator with utility-scale wind, solar, and battery storage plus HVDC transmission assets. Comparable for cross-border North American renewable development and merchant transmission exposure similar to MATL.
- ENMAX Corporation: Alberta-based municipally owned utility with generation, transmission, and distribution operations. Comparable as an integrated Alberta energy infrastructure operator with renewable and conventional generation assets in the same provincial market.
Broad incumbents
- Brookfield Renewable Partners L.P. One of the world's largest publicly traded renewable energy platforms with wind, solar, storage, and hydro across North America, South America, Europe, and Asia. Comparable as a much larger incumbent operating utility-scale renewable generation and corporate PPAs in many of the same North American markets as BHE Canada.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
BHE Canada social profiles
Digital presenceBHE Canada financial estimates
Financial estimateRevenue estimate
Valuation estimate
BHE Canada leadership team
Management profileNumber of profiles
Profiles6 records
BHE Canada subsidiaries and ownership
Company hierarchySubsidiaries2 records
BHE Canada funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BHE Canada M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BHE Canada
What does BHE Canada do?
BHE Canada develops, owns, and operates energy infrastructure assets in Western Canada, including the 130 MW Rattlesnake Ridge Wind Farm in southeast Alberta, the 300 MW Montana Alberta Tie Line (MATL) cross-border transmission line, and the 20 MW Ralston natural gas generating facility. Through its AlbertaEx affiliate, the company conducts wholesale physical electricity trading between Alberta and Montana under standardized power contracts. The portfolio spans wind, solar, natural gas, transmission, and energy storage services.
Is BHE Canada a public or private company?
BHE Canada is a private company. It is classified as corporate owned and is currently operating.
When was BHE Canada founded?
BHE Canada was founded in 2015. It employs 51 to 100 people.
Where is BHE Canada based?
BHE Canada is headquartered in Calgary, Canada, in the North America region.
How does BHE Canada make money?
Three revenue lines are on record. Power Purchase Agreements are the primary driver. The others are transmission Capacity Sales and wholesale Electricity Trading.
Who are BHE Canada's main competitors?
Direct peers on record are Capital Power Corporation, Heartland Generation Ltd., TransAlta Corporation, Innergex Renewable Energy Inc., Northland Power Inc., ATCO Ltd., Boralex Inc., Pattern Energy Group LP and ENMAX Corporation. Brookfield Renewable Partners L.P. is listed as a broad incumbent.
Does BHE Canada have an API?
No public API is recorded for BHE Canada.
What industry is BHE Canada in?
BHE Canada's product category is Power Generation and Transmission Services. Its primary akta.pro industry code is EUADAAAC, HV Transmission Asset Owners (Transmission Companies/Transcos), with a secondary code of EUAGACAE, C&I Renewable Supply & Green Tariffs (Bundled RE, Sleeves, Utility Green Tariffs). Its NAICS code is 221115.